Douglas Leone bio, wiki , married, net worth, family
Douglas M. Leone is a famous American venture capitalist and the partner of Sequoia Capital since 1993. Leone was born in 1958, October 21. Highly focused on the internet, software and communication business, Leone has been listed as top venture capitalists by various magazines in U.S. He was ranked #4 in Midas List released by Forbes in 2013. He has also expanded his venture capital Sequoia internationally in China and India.
While talking about his early life, Leone emigrated to the United States from Italy with his family when he was 11 years old. They settled in Mount Vernon, New York. Having sharp mind, Leone has earned various degrees from various prestigious universities. He holds a BS in Mechanical Engineering from Cornell University in 1979. He graduated with MS in Industrial in Engineering from Columbia University and he earned MS in Management from the MIT Sloan School of Management. After completing his study in Industrial Engineering and management, Leone started his professional career from sales and sales management positions.
He has experience of working with Sun Microsystems, Prime Computer, and Hewlett-Packard. In 1988, he joined Sequoia Capital and started to invest in internet, communication and software business. Leone has also held the position of Trustee for an independent,coeducation college preparatory school, Menlo School.
FROM JANITOR TO A SUCCESFUL VENTURE CAPITALIST
Leone first started to work as toilet cleaner and Boat fixer in one of most renowned VC firms in Sand Hill Road. Leone currently works as a managing partner for venture capital firm Sequoia Capital. He has made successful tech investment in tech along with his fellow Michael Moritz, a billionaire. He has a huge investment in Google, YouTube, Zappos and LinkedIn. In 2014, Sequoia had made a big sale of whatsaApp, the messaging company sold to facebook at $21.8 billion in cash and shares. Recently Sequoia has expanded its offices in India, China, and Israel seeing booming tech market and opportunity over there. Leone had also invested in companies such as FireEye, went public in 2013 and ServiceNow (Which Initial Public Offering released in 2012).
“Give me an entrepreneur with a lot of courage, gusto and who iterates rapidly and I will back that person day in and day out.”
CURRENT VENTURES & PERSONAL LIFE
Leone is associated with various firms. He currently holds a position on the board of directors for PlanGrid, Medallia, and MedExpress. He also sits on the board of directors for Sun Microsystems, Hewlett-Packard, and Prime Computer. He has also worked as a partner with many companies notably Arbor/Hyperion, Netezza, Rackspace, and Aruba.He has made through Billionaire list with Net Worth of 2.5 Billion and has been ranked 6th among world top 100 venture capitalists.
He is currently married to Patti Leone and the couple has four children. There has been no any information about his past relationship, affairs, and girlfriends. Starting from a very low-level job, Leone has been a source of motivation for the young entrepreneurs who is seeking their career in Venture capital and tech business.